Ørsted has acquired its first solar PV project in Ireland from renewable energy developer Terra Solar. The 65 MW Ballinrea solar PV solar project will be located in Cork, the second-largest city in Ireland. It is expected to generate power…
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Act by 15 September: Ebico offers development support funds targeting low carbon options for low-income households
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Ebico is seeking applications by 15 September for development support of £5-10k for innovative start-ups developing low carbon home heating and energy efficiency solutions for lower income households. The support will be awarded to help with product viability; commercial potential…
SPEN wants applicants for £5M fund to help Scottish communities set up low-carbon heat and transport projects
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SP Energy Networks has announced £5 million funding to provide guidance and support to charities and community organisations to improve and decarbonise heating systems, electrify transport, increase energy efficiency, and upskill communities. Working with Energy Saving Trust, the fund will…
Moody’s: Bad debt risks spiralling prices higher but CfDs are paying back
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Energy suppliers are more likely to be carrying bad debt, caused by high energy prices and broader cost of living pressures, according to ratings agency Moody’s, while the boost to renewable energy developers could speed up ndeployment. In a note,…
Downing to install and manage 21MW of PV for Yorkshire Water
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Asset manager Downing has been selected by Yorkshire Water to develop, design, build and operate 28 solar sites on the water company’s land across Yorkshire. The solar project, an investment worth around £25 million, will result in a total capacity…
Price cap rise: the industry responds
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Jess Ralston, Senior Analyst, ECIU: “The government doesn’t have a serious plan for dealing with the gas crisis and without one, as the IFS has pointed out, the £15 billion bills bailout for this winter may have to grow and…
Inquiries up by a 25% as companies look to source back-up generators
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A company that supplies back-up generators says it has seen a 35% increase in inquiries from companies who fear that they will face power cuts this winter. Finning, which distributes Cat power systems in the UK and Ireland, said the…
Shell Energy Retail makes £536,970 redress after overcharging prepayment customers £106,000
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Shell Energy Retail Limited will pay £400,000 to Ofgem’s voluntary consumer redress fund and £30,970 in goodwill payments to customers, after it overcharged prepayment customers on its default tariffs. It will refund and compensate the 11,275 customer accounts affected, totalling…
Moixa acquired by US-based Lunar Energy
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Domestic energy storage and flexibility comoany Moixa has been acquired by Lunar Energy a US company founded in 2020 to develop all-electric homes. Moixa founder Simon Daniel said the two companies had been working closely over the past year and…
Ofgem ‘cannot expect environment NGOs to do its job’ says Sustainability First, as it calls out regulator’s failing on vulnerable customers
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Ofgem cannot expect environmental NGOs to do its job in holding electricity distribution network operators (DNOs) to account on their environmental performance, warned Sustainability First (SF) in its response to Ofgem’s consultation on DNO draft determinations. The group said simple…